Overview

The platform called Open Finance Finnet by Finnet allows corporate clients in Brazil to leverage open‑finance infrastructure, connecting with over 120 financial institutions via the Brazilian central‑bank framework. It enables access to account‑balances, transaction histories, cash‑offers, credit scores and investment opportunities through a centralised API‑based service.

Features and Capabilities

• Connectivity & Integration: Enables companies to connect with more than 120 banking/financial institutions for data and payment‑initiation services.
• Account‑balance & Statement Access: Firms can query balances and transaction statements across diverse banks via a single interface.
• Payment Initiation (ITP): Approved by the Brazilian central bank to act as Payment Transaction Initiator (ITP) enabling open‑finance payments (e.g., PIX automatic) for clients.
• Credit & Investment Offers Customisation: Based on the client’s financial flows (accounts‑payable / accounts‑receivable), the platform enables tailored credit and investment proposals from partner institutions.
• Risk Chain / Supplier Financing (“Risco Sacado”): The solution supports supplier‑chain financing by enabling new opportunities via the open‑finance ecosystem.
• Centralised Data & Security: Data is centralised in a unified platform; compliant with central‑bank regulation; only the service provider has direct access to data, without sharing across institutions.
• Operational Efficiency & Automation: Supports streamlined financial‑process workflows, reduces manual reconciliation, integrates ERP/EDI and APIs for faster execution.
• Scalable Corporate Target: Platform designed for enterprise‑scale companies (3+ million CNPJs) with high transaction volumes.